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➡️ Follow @Bitcoins to get latest news, Fundamentals and TA about bitcoin and the crypto market.
SoftBank-backed Xapo Bank becomes the first bank in the world to integrate the Bitcoin Lightning Network.
@bitcoins
Crypto Has More Appetite To Sue SEC Than Ever Before: Kraken Exec
Coinbase and Kraken are confident tokens listed on their platforms are not securities, regulator leaders from the exchanges said.
Do you think they should go ahead and sue?
https://blockworks.co/news/crypto-has-appetite-to-sue-sec
📍 Follow @Coins for the hottest news in crypto.
UBS analysts aren’t convinced that pending bankruptcy repayments to former Mt. Gox users will send the bitcoin market spiraling.
Some market observers have speculated that such an outcome is possible if significant amounts of bitcoin are sold once those customers receive payments from the once-mighty, now-collapsed Japanese bitcoin exchange.
Flashback: Mt. Gox fell apart in 2014, resulting in hundreds of millions of dollars in losses and a raft of regulatory responses worldwide.
But UBS strategist Ivan Kachkovski isn’t convinced. Rather, he’s betting that those users – early adopters of crypto as they are – will be more likely to hang onto their coins once they get them.
Kachkovski also wondered whether this belief is reflected in current market sentiment.
Here’s Kachkovski: "It's certainly difficult to estimate the extent to which the market has been pricing massive sales coming from Mt.Gox. However, we think such news could have been an additional factor for — what we believe could be mainly retail-led — BTC's surprising resilience of late.”
📍 Follow @Coins for the hottest news in crypto.
A reporter traveled to El Salvador and tried to pay for their hotel in bitcoin but was denied twice. Watch what happens at the end.
@bitcoins
Mining difficulty up 9.95% with more machines coming online amid recent rally.
This means that more mining hardware has been activated on the network, perhaps in response to recent price increases.
Here’s Luxor COO Ethan Vera: "Network hashrate continues to march upwards, as more efficient machines come to market, electricity rates fall, infrastructure gets built out and mining economics improve with Bitcoin price and ordinal transaction fees.”
Mining difficulty refers to the complexity of the computational process used in mining, and it adjusts about every two weeks.
@bitcoins
Treasury Secretary says US has no plans to ban crypto but will implement "strong regulatory framework."
📍 Follow @Coins for the hottest news in crypto.
👀 The oldest screenshot of Bitcoin.org (03.01.2009)
@bitcoins
Join @Market for daily the best SPX updates along with Stocks ⭐️.
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🇮🇸 Did you know Iceland is the biggest Bitcoin $BTC hash rate producer per capita in the world?
@bitcoins
SEC charges Mormon Church for hiding its $32 billion secret investment portfolio.
@bitcoins
This is how El Salvador's Chivo Bitcoin ATM looks like.
Fee: 0.6% for purchase, 0.2% for sale.
@bitcoins
👀 Looking for a way to make extra cash?
You have found it - @Coach.
Join now!
CleanSpark, a bitcoin mining company, continues to gobble up hardware.
The company bought 20,000 latest-generation machines from Bitmain, the world’s top mining hardware maker.
It’s been a busy bear market for CleanSpark, as Catarina notes. Its hardware fleet now stands above 46,000 units.
CleanSpark said last week during its earnings call that it plans to keep buying new machines and sites as it looks to reach its end-year guidance of 16 EH/s, which it cut from 22.4 EH/s in December.
@bitcoins
Nigerians revolt at the Central Bank after it declared old currency notes no longer legal tender.
Bitcoin is the solution?
@bitcoins
Riot, one of the largest mining companies in North America, has released its full-year 2022 financial report, announcing that it will have $230 million in cash, no long-term debt, and 6,974 bitcoins by the end of 2022.
Reported a net loss of $509.6 million, which was significantly impacted by non-cash impairment charges totaling $538.6 million, including goodwill impairment of $335.6m associated with the Whinstone and ESS Metron acquisitions in 2021, impairment of crypto held of $147.4m, and impairment of miners of $55.5 million.
However, due to an accounting error in calculating the impairment of its bitcoin holdings, Riot said it would delay filing its financial statements with the SEC and would file and amend the relevant data within 15 days.
@bitcoins
BTC : Is this the scenario BTC is trynna play ?
Yes - ❤️
No - 🐳
🥳@Coach
🇮🇩 Indonesia to launch state-backed $BTC and crypto exchange by mid-2023.
@bitcoins
#BTC — Update
Bitcoin is holding 23.6% fib support and turned to retest this area in form of a bull flag, which is still consolidation going on...
if 22900$ holds, then Bitcoin is likely to go for a breakout above 25200$ toward 27k — 28k the least.
BTC CME_FUTURES opens tonight and that may influence the price in a positive way hopefully!
https://www.tradingview.com/x/EknRHald/
@Bitcoins
President Biden says the US has made progress on inflation.
Agreed?
@bitcoins
Mayor of Lugano, Switzerland says in March they will unveil a spring school program for Bitcoin education.
https://twitter.com/bitcoinmagazine/status/1628486871419420672
@bitcoins
Pro-Bitcoin US Congressman introduces bill that would prohibit the Fed from issuing a CBDC.
https://twitter.com/bitcoinmagazine/status/1628410552958550016
@bitcoins
🇫🇷 Global payment provider Ingenico now accepts Bitcoin $BTC in France.
@bitcoins
SPX: A must-hold level.
SPX formed a rising wedge[A bearish pattern] and SPX slowly dropped to its support.
If SPX is able to hold the support; We may see a bounce and SPX will break the descending resistance again🚀.
And if SPX breaks below the rising wedge support, We may see SPX dropping toward the 3780 Demand zone📉.
😱@Market
During the first 7 weeks of 2023, the bitcoin network processed transfers totaling $850 billion. The last week has hit a record ($130 billion).
@bitcoins
In the halving cycles, Bitcoin is moving from disillusionment to enlightenment.
Historically, this phase is already pretty good, but without ATH so far.
@Coach
Paraguay, one of the smallest countries in Latin America, is quickly becoming one of the largest Bitcoin mining hubs.
Detailed article on the same: https://hashrateindex.com/blog/bitcoin-mining-around-the-world-paraguay/
@bitcoins
Wyoming lawmakers approve bill prohibiting forced disclosure of Bitcoin private keys.
https://twitter.com/bitcoinmagazine/status/1626212072836194306
@bitcoins